USA TODAY Speaks with Paul Gilman on Tax Inversions

08.27.14

Tax and business planning attorney Paul A. Gilman spoke with USA TODAY about Burger King’s recent agreement to merge with Canada-based Tim Hortons. The merger creates a combined entity with $23 billion in annual sales, and could also present an opportunity for Burger King to reduce their US taxes with a tax inversion strategy.

With the growing concerns over the recent wave of tax inversions, the current administration is considering legislation to limit such transactions. Paul notes that in this particular case, Burger King's U.S. tax rate won't change much "because they derive most of their income from franchisees, and (those in the U.S.) are still going to be subject to tax."

Learn more about the merger and read the complete article here.